Activist Investor ValueAct Takes Stake in The New York Times - The New York Times

The investor, which has taken positions in Adobe, Citigroup and Nintendo, is pushing The Times to sell bundled subscriptions to readers more aggressively.

This is an opportunity we believe management needs to drive with urgency, as it is the biggest lever to accelerate growth, deepen NYTs competitive moat, and ensure the long-term strength and stabilit… [+766 chars]

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